Month: April 2025

Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves

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Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open new positions. Ether (ETH) has been trading below $1,900 since March, leading investors to question whether the failed … Read more

Microsoft expects some AI capacity constraints this quarter

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An executive cautioned during Microsoft’s earnings call on Wednesday that customers might face AI service disruptions as demand outstrips the company’s ability to bring data centers online. Microsoft’s EVP and CFO Amy Hood said during the company’s fiscal 2025 third-quarter earnings call that the company may face AI capacity constraints as early as June. “We … Read more

‘Huge Shift’ in crypto firms’ compliance mindset, says Elliptic co-founder

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The crypto industry has seen a significant shift toward regulatory compliance since its early days, according to James Smith, co-founder of Elliptic, a crypto compliance firm established in 2013. “In the early days, only a few companies approached compliance in a serious way,” Smith told Cointelegraph at the Token2049 event. “Coinbase was our first customer … Read more

'To have freedom of money, you have to have freedom of speech' — CZ

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Binance co-founder and former CEO Changpeng “CZ” Zhao took the stage at Token2049 in Dubai, United Arab Emirates (UAE), where he told the audience that his investment in social media platform X was aimed at protecting freedom of speech. The former Binance executive joined a fireside panel with macroeconomic analyst Raoul Pal to discuss the … Read more

Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

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Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY … Read more

The Debt-Ridden Superpower: What Is It?

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The US gov must roll 🥐$9t over by the end of 2026 (a lot of that was in short to medium term maturities – 2, 3, and 5-year treasuries with a heavy chunk in 10-year bonds issued in 2016 as well). The issue: yields have soared (10-yr treasuries at 4.2% are triple what the government … Read more